SOLD
Sold on 16 Oct 2023 for $4,500,000

31 Narrak Road
Balwyn VIC 3103

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 400m2
Land area: 646m2
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Sold By
Elsa Li
Marshall White Balwyn
Perry Zhou
Marshall White Balwyn
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Property Details for 31 Narrak Rd, Balwyn

31 Narrak Rd, Balwyn is a 5 bedroom, 5 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 646m2 and floor size of 400m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 5 bedroom House sold in Balwyn in the last 12 months.

Building Type
House
Year Built
2023
Floor Size
400m2
Land Size
646m2
Local Government
Boroondara
Lot/Plan
1/TP601900

Last Listing description (November 2023)

Private Auction Saturday 21st October

Meticulously crafted with a rare and impressive attention to detail, this brand new and extravagantly large five bedroom and five ensuite, plus office, residence is a designer's own masterpiece, set in the highly coveted zone for Balwyn High School. Inspired by the grace and grandeur of European architecture, this is an extraordinary home to exceed expectations in a premier family location.

Opening up spectacularly under soaring ceilings, the home's heart is an open-plan rear underpinned by a gourmet kitchen with marble finishes that highlights SMEG appliances, a Heat 'n' Glo fireplace and a Butler's Kitchen with additional gas cooking. Organised around an eye-catching island bench and with seamless sliding door connection to paved, heated and undercover outdoor dining, the home is enhanced by a bold alfresco entertainers' spirit.

Each of the bedrooms is an impressively scaled sanctuary with walk-in robes and fully-tiled designer ensuites - most notably the main bedroom which offers ample proportions for a lounge suite, as well as a full dressing room and an ensuite that highlights an oversized walk-in shower and independent bathtub.

Importantly, a separate family/theatre/piano room is positioned at the rear, in addition to an upstairs bar area and another living/retreat.

This masterfully designed residence also features an internally accessed double garage, additional driveway parking for another two vehicles, central and zoned heating and air conditioning, as well a fully-tiled powder room, sub-floor heating in all bathrooms and laundry, ducted vacuum, a security alarm and CCTV throughout.

Walk easily to Whitehorse Road for city-bound trams and easy connection to elite private schools, plus you have numerous cafes, restaurants, shopping and cinema options just up the road, whilst the Maranoa Botanical Gardens are also comfortably walkable.

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Property History for 31 Narrak Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$4,500,000
16 Oct 2023
Listed for Rent
$580/w
29 Mar 2019
  • 16 Oct 2023
    Sold for $4,500,000
  • 27 Sep 2023
    Listed for Sale Contact Agent
  • 22 Mar 2021
    Sold for $2,100,000
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About Balwyn 3103

The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5% of total area. The population of Balwyn in 2011 was 12,943 people. By 2016 the population was 13,321 showing a population growth of 2.9% in the area during that time. The predominant age group in Balwyn is 10-19 years. Households in Balwyn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn work in a professional occupation. In 2011, 72.9% of the homes in Balwyn were owner-occupied compared with 71.2% in 2016.

Balwyn has 7,410 properties. Over the last 5 years, Houses in Balwyn have seen a 22.53% increase in median value, while Units have seen a 11.72% increase. As at 31 July 2024:

  • The median value for Houses in Balwyn is $2,748,019 while the median value for Units is $826,070.
  • Houses have a median rent of $970 while Units have a median rent of $600.
There are currently 20 properties listed for sale, and 12 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 315 properties were sold in the past 12 months in Balwyn.

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